Fertility in High-Income Countries: Trends, Patterns, Determinants, and Consequences
David E. Bloom,
Michael Kuhn,
Klaus Prettner
Abstract:High-income countries have generally experienced falling fertility in recent decades. In most of these countries, the total fertility rate is now below the level that implies a stable population in the long run. This has led to concerns among economists, policymakers, and the wider public about the economic consequences of low fertility and population decline. In this contribution, we aim to (a) describe the main determinants of low fertility in high-income countries, (b) assess its potential economic conseque… Show more
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